Black Bull Margaretting Essex CM4 9JA

Description

EXECUTIVE SUMMARY The Black Bull presents a rare opportunity to acquire a substantial detached freehold hospitality asset set within approximately 0.842 acres in an affluent and well-connected Essex village location. Positioned prominently on the B1002, the property comprises an established public house with extensive internal trading accommodation, three first-floor studio units, significant external space, parking and outbuildings — offering immediate operational potential alongside longer - term redevelopment or asset management opportunities (subject to planning). This is a strategic acquisition suitable for: • Hospitality operators • Residential developers • HMO investors • Mixed-use investors • Landbank or repositioning strategies INVESTMENT HIGHLIGHTS • Substantial detached freehold building • Approx. 3,040 sq ft (282.39 sq m) GIA • Site area approx. 0.341 hectares (0.842 acres) • Prominent roadside frontage • Three studio units at first floor level • Extensive rear garden and development land • Off-road parking • Located within Conservation Area (not listed) • Existing Sui Generis use • Pre-application support for HMO conversion • Strong connectivity to Chelmsford, M25 & London Distances by road: • Chelmsford – 4.4 miles • M25 – approx. 9 miles • Southend-on-Sea – 22 miles • Central London – 37 miles • Ingatestone railway station (approx. 2.1 miles) provides direct services to: • Shenfield – 5 minutes • Stratford – 21 minutes • London Liverpool Street – 29 minutes The location combines village character with strong commuter accessibility — underpinning both residential and hospitality demand. PROPERTY DESCRIPTION Ground Floor – Trading Accommodation • Two principal trading areas • Central through-bar servery • Fully equipped commercial kitchen • WC facilities • Ancillary storage The layout allows for flexible hospitality configuration, including restaurant-led or community - led repositioning. First Floor – Residential Element • Three studio rooms • Two shared bathrooms • Small office Accessed via private internal entry, this element offers: • Staff accommodation • AST rental potential • Conversion or reconfiguration opportunity PLANNING & STRATEGIC POTENTIAL • Current Use: Sui Generis (Public House) • Situated within Margaretting Conservation Area • Not Listed • Pre-application advice indicates support for multi-unit HMO conversion The property offers multiple asset strategies including: 1. Refurbishment & hospitality relaunch 2. HMO conversion 3. Mixed-use redevelopment 4. Residential scheme (subject to planning) 5. Reconfiguration into multiple dwellings 6. Long-term land banking TENURE Freehold Held under Land Registry Title No: EX504096 Owned by Margaretting Property Limited Price: £1,250,000 + VAT BUSINESS RATES Rateable Value: £35,000 Estimated rates payable (2024/25): approx. £17,465 Interested parties to verify independently. SERVICES Mains electricity, water and drainage. Gas-fired central heating system. EPC Rating: D (100) INVESTMENT RATIONALE The Black Bull offers a compelling combination of: • Land value • Residential upside • Strategic location At the revised price level, the asset represents a more attractive entry point for investors seeking repositioning potential within a strong Essex commuter village setting.